OIL & GAS NEWS —
As part of move towards increasing Nigeria’s crude oil production and growing its reserves, the Nigeria National Petroleum Company Limited (NNPC Ltd) has declared a state of emergency on production in Nigeria’s oil and gas industry.
Group Chief Executive Officer of NNPC Ltd, Mele Kyari, disclosed this while giving a keynote address at the opening ceremony of the 23rd edition of the Nigeria Oil & Gas Conference and Exhibition (NOG Energy Week) in Abuja, on Tuesday.
According to the NNPC Limited boss, there is need to ramp up oil production to grow local capacity saying the Company is working vigorously to close the two million barrels per day oil gap as Nigeria currently produces between 1.2 million and 1.4 million barrels per day...
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Sat Jun 21 2025 22:01:35 GMT+0000 (Coordinated Universal Time)
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NNPC has declared a state of emergency on production in Nigeria's oil and gas industry
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Published (Updated) on Wednesday, July 3, 2024
• Copper price hits $10,000 • Nigerian Naira becoming the most unpredictable currency • Trump imposes sanctions on China, and more - Monday 24/March/2025 Top Business Headlines
• Ex Rivers State Governor Nyesom Wike (Now FCT Minister) Receives Godswill Akpabio the Senate President of Nigeria at His Residence in Abuja on Tuesday 18th, March 2025 - Photo News
• Nigerian President Bola Tinubu Receives N705 Millionaire Naira Donation from House of Representative Led by Speaker Tajudeen Abbas and Deputy Speaker Benjamin Kalu - Photo News
• Naira Exchange Rate - Conversion of United States Dollar (USD) and British Pound Sterling (GBP) to Nigerian Naira (NGN) at CBN Rates - Nigeria Currency Converter Calculator
• SERAP has filed a lawsuit against NNPC over its failure to account for the alleged missing $2.04 billion and N164 billion oil earnings
• Fire broke out at NNPC Mega Station in Uyo, Akwa Ibom State on Wednesday evening, damaging some dispensing pumps...
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